Hospital Cayetano Coll & Toste
dba Hospital Pavia Arecibo ·
Arecibo, Arecibo County, PR
· CCN 400087
Licensed to Dr Susoni Health Community Services Corp
Composite
63.9
rank score
Distress
70
FY2023
Fit
81
vs thesis
Estimated ticket
$64.8M–$259M
185 beds ·
within envelope
Ownership
for-profit
STH
Why it ranks here
- operating margin below -10%
- total margin below -8%
- under 30 days cash on hand
- margin deteriorating sharply
- urban — higher occupancy and iteration surface
- bed count in the target band
- ticket size uses the capital envelope well
- strong occupancy — good iteration surface
- for-profit — no charitable conversion review
Latest financials · FY2023
| Net patient revenue | $60.2M |
| Operating margin | -15.7% |
| Total margin | -8.6% |
| Days cash on hand | 28 |
| Current ratio | 2.18 |
| Occupancy | 62% |
Facility
| Beds | 185 |
| Facility type | STH |
| Setting | urban |
| Ownership class | for-profit |
| Per-bed (low) | $350K |
| Per-bed (high) | $1.4M |
Financial history
| FY | Beds | Net patient rev | Net income | Op margin | Total margin | Days cash | Current ratio | Occupancy | Discharges | Distress |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 176 | $50.0M | $3.0M | -16.1% | 4.9% | 95 | 2.87 | 58% | 6,931 | 34 |
| 2021 | 165 | $58.6M | $437K | -4.0% | 0.7% | 85 | 3.24 | 69% | 7,631 | 29 |
| 2022 | 160 | $58.3M | $-699K | -11.1% | -1.1% | 37 | 4.32 | 70% | 7,069 | 52 |
| 2023 | 185 | $60.2M | $-5.5M | -15.7% | -8.6% | 28 | 2.18 | 62% | 7,572 | 70 |
Owners
| Owner | Role | % | Since | Type |
|---|---|---|---|---|
| Artau Holdings Llc | 5% or greater direct ownership interest | 100 | 2015-05 | |
| Artau Holdings Llc | operational/managerial control | 100 | 2015-05 | |
| Hospital Dr. Susoni. Inc. | 5% or greater direct ownership interest | 100 | 2015-05 | |
| Hospital Dr. Susoni. Inc. | operational/managerial control | 100 | 2015-05 | |
| Jose Miguel Talavera Reyes | w-2 managing employee | 50 | 2024-10 | |
| Paola Gomez Rivera | w-2 managing employee | 50 | 2025-02 | |
| Carmen Feliciano Vargas | 5% or greater indirect ownership interest | 38 | 2015-05 | |
| Carmen Feliciano Vargas | corporate officer | 38 | 2015-05 | |
| Eduardo Artau Gomez | 5% or greater indirect ownership interest | 38 | 2015-05 | |
| Eduardo Artau Gomez | corporate officer | 38 | 2015-05 | |
| Eduardo Artau Feliciano | 5% or greater indirect ownership interest | 8 | 2015-05 | |
| Eduardo Artau Feliciano | corporate officer | 8 | 2015-05 | |
| Francisco Artau Feliciano | 5% or greater indirect ownership interest | 8 | 2015-05 | |
| Francisco Artau Feliciano | corporate officer | 8 | 2015-05 | |
| Karen Artau Feliciano | 5% or greater indirect ownership interest | 8 | 2015-05 | |
| Karen Artau Feliciano | corporate officer | 8 | 2015-05 |
Ownership changes
No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.
Who has been buying in PR
Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.
| Date | Buyer | Seller | Hospital | Beds |
|---|---|---|---|---|
| 2024-06-07 | The San Jorge Hospital Inc | San Jorge Children's Hospital, Inc. | San Jorge Childrens & Women Hospital | — |
| 2023-12-20 | Metro Caguas Incorporated | Centro Medico Del Turabo Inc | Hospital Hima San Pablo Caguas | 421 |
| 2023-12-15 | Am Acquisition I, Llc | Centro Medico Del Turabo Inc | Hospital Hima San Pablo Bayamon | 424 |
| 2020-02-29 | Hospital Menonita Humacao, Inc. | Hospital Oriente Inc | Hospital Menonita Humacao | 73 |
| 2017-09-13 | Hospital Menonita Guayama Inc | Hospital Episcopal San Lucas Guayama, Inc. | Hospital Menonita Guayama | 140 |